Transaction in Own Shares

BP PLC
02 March 2006

BP p.l.c.  -  Transaction in Own Shares

BP p.l.c.  -  02 March 2006



BP p.l.c. announces that on 01 March 2006, it purchased 7,538,000 ordinary
shares at prices between 632.50 pence and 639.50 pence per share and between
1117.67 cents and 1120.17 cents per share. The purchased shares will all be held
as Treasury shares.



BP p.l.c. also announces that on 01 March 2006 it transferred to participants in
its employee share schemes 7,527 ordinary shares at prices between 350.00 pence
and 498.00 pence. These shares were previously held as treasury shares.



Following the above transaction, BP p.l.c. holds 1,196,696,091 ordinary shares
in Treasury, and has 20,463,252,571 ordinary shares in issue (excluding Treasury
shares).



Enquiries: Fergus MacLeod, BP p.l.c.    Tel : [phone]


                      This information is provided by RNS
            The company news service from the London Stock Exchange